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Global risks “most dangerous” for organisations

Europe18-06-2014Insurance news

Global risks are among the most dangerous an organisation can face, Airmic chief executive John Hurrell has warned. Writing in a report published by the Institute of Directors in co-operation with Airmic, he urged companies to take steps to increase their resilience and adaptability.

Markel hires retro exec from Guy Carpenter

Bermuda18-06-2014Insurance news

Markel has poached a retrocessional specialist from Guy Carpenter’s Bermuda team.

Ironshore initiates potential $100m IPO

Bermuda18-06-2014Insurance news

Bermuda-based property and casualty insurer Ironshore has filed its intention to list with the Securities and Exchange Commission ahead of an initial public offering (IPO) this summer.

Peak Re appoints China director

Asia Pacific18-06-2014Reinsurance News

Peak Reinsurance, the multi-line Hong Kong based reinsurer, has appointed Helen Qian Mei Hong as director for the China market.

XL appoints E&S chief from Scottsdale

North America18-06-2014Insurance news

XL Group has appointed John Goodloe, formerly of Scottsdale Insurance, to lead its excess & surplus (E&S) business.

Marsh appoints captive solutions president

Europe18-06-2014Insurance news

Broker Marsh has appointed Chris Lay as president of its global captive solutions business. He succeeds Michael Cormier, who will continue in his role as chief executive officer of Marsh Risk Consulting.

Dual appoints CFO from Co-operative

Europe18-06-2014Insurance news

Dual, the underwriting arm of Hyperion Insurance, has appointed Andy Elston, formerly a director at Co-operative Group, as chief financial officer (CFO), Dual Group.

Qatar Re to support Pioneer on syndicate

Europe18-06-2014Insurance news

Qatar Re will support Pioneer Underwriting on Incidental Syndicate ISN 1980, operated in conjunction with Liberty Syndicate 4472, via a strategic quota share arrangement.

Buffett gives vote of confidence to VHI

Europe18-06-2014Insurance news, Reinsurance News

Warren Buffett’s reinsurance firm Berkshire Hathaway has renewed and extended a health reinsurance agreement with Ireland’s state health insurer VHI for four years.

Bullish Charman attacks “self-interested” Aspen board

North America18-06-2014Insurance news

John Charman, Endurance's chairman and chief executive, claims that Aspen’s shareholders are increasingly frustrated with their board’s refusal to consider Endurance’s offer for the company and he can still win the battle to acquire the company after months of what has become an increasingly acrimonious war of words between the two businesses.

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